NY Series 17-52 Exam Questions and Answers |Fall 2025/2026
Update | 100% Correct Latest
Question 1
How many eligible employees must be included in a contributory health insurance plan?
Correct Answer
50%
Question 2
Twenty-five days after a health insurance policy is delivered, the policyowner decides that she would like to return the
policy and receive a refund of premium. Which of the following is true?
Correct Answer
The policyowner will not receive a refund because the free-look period is over.
Question 3
The Patient Protection and Affordable Care Act includes all of the following provisions EXCEPT
Correct Answer
Individual tax deduction for premiums paid.
Page 1 of 11
, Question 4
Which of the following is NOT a characteristic of a group long-term disability plan?
Correct Answer
The benefit can be up to 50% of one's yearly income.
Question 5
For the purpose of insurance, risk is defined as
Correct Answer
The uncertainty or chance of loss.
Question 6
Pertaining to insurance, what is the definition of a fiduciary responsibility?
Correct Answer
Promptly forwarding premiums to the insurance company
Question 7
An individual applies for a life policy. Two years ago he suffered a head injury from an accident, so he cannot remember
parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this
when applying for insurance. The insurer issues the policy and learns of his history one year later. What will probably
happen?
Correct Answer
The policy will not be affected.
Page 2 of 11
Update | 100% Correct Latest
Question 1
How many eligible employees must be included in a contributory health insurance plan?
Correct Answer
50%
Question 2
Twenty-five days after a health insurance policy is delivered, the policyowner decides that she would like to return the
policy and receive a refund of premium. Which of the following is true?
Correct Answer
The policyowner will not receive a refund because the free-look period is over.
Question 3
The Patient Protection and Affordable Care Act includes all of the following provisions EXCEPT
Correct Answer
Individual tax deduction for premiums paid.
Page 1 of 11
, Question 4
Which of the following is NOT a characteristic of a group long-term disability plan?
Correct Answer
The benefit can be up to 50% of one's yearly income.
Question 5
For the purpose of insurance, risk is defined as
Correct Answer
The uncertainty or chance of loss.
Question 6
Pertaining to insurance, what is the definition of a fiduciary responsibility?
Correct Answer
Promptly forwarding premiums to the insurance company
Question 7
An individual applies for a life policy. Two years ago he suffered a head injury from an accident, so he cannot remember
parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this
when applying for insurance. The insurer issues the policy and learns of his history one year later. What will probably
happen?
Correct Answer
The policy will not be affected.
Page 2 of 11
